UK's SDCL Efficiency Income Trust slumps as key metric breaches policy limit

SDCL Efficiency Income Trust

08/12/2025 08:33

** Shares of investment firm SDCL Efficiency Income Trust SEIT.L down nearly 16% at 53p, its biggest pct fall on record

** Co's gearing - ratio of co’s debt to equity - stood at 71.9% of NAV, as of Sept 30; investment policy limit at 65%

** CEO Jonathan Maxwell says short-term priority is executing disposals to reduce gearing, while also exploring proposals for structural changes

** Pre-tax profit for first half ended Sept 30 falls to 2 million pounds ($2.67 million) vs 35.1 million pounds year ago

** NAV per share, as of Sept 30, is 87.6p, down from 90.6p at 31 March

** Including session's losses, stock down nearly 4% YTD

($1 = 0.7502 pounds)

 (Reporting by Raechel Thankam Job in Bengaluru)

 ((RaechelThankam.Job@thomsonreuters.com))